Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

PayPal stops payouts to models on Pornhub

vice.com

Post reply on HN
Print view View original

501–510 of 802 posts

Re: PayPal stops payouts to models on Pornhub

#501

Post by alacombe »

SlowRobotAhead wrote: post #359
bcheung wrote: post #247

Earlier quoted context omitted.

I've had several friends in the adult industry have their checking accounts closed at a several major banks as well. Traditional banking should definitely not be discriminating against fully legal activities.

Talk to gun retailers that were shut down by Chase and Bank of America. Legal has nothing to do with it. There is an increasing degree of business that entirely revolves around feelings of people who yell the loudest.

Thanks to Obama-era Operation Choke-Point.

Re: PayPal stops payouts to models on Pornhub

#502

Post by seanhunter »

lmm wrote: post #495
hedvig wrote: post #407

Earlier quoted context omitted.

>found to harbor ill gotten gains Ah yeah like they were on the hook for laundering Mexican drug cartel money?

Umm yes they were, even if they'd done everything right. Look at the HSBC case and tell me the bank did anything nefarious or even negligent. Nope, governments hit them both ways.

HSBC admitted negligence. The cartels liked working with HSBC so much they even had secure money boxes made that were specifically designed to fit through the hole in HSBC branch teller windows.

There are tons of references online, but these are some:

https://www.bloomberg.com/news/articles/2012-12-12/hsbc-mexi...

https://www.theguardian.com/business/2012/jul/17/hsbc-execut...

https://www.foxnews.com/world/hsbc-knowingly-helped-mexican-...

Re: PayPal stops payouts to models on Pornhub

#503

Post by usr1106 »

dual_basis wrote: post #443
netrikare wrote: post #346

Earlier quoted context omitted.

There are free, base functionality accounts in every bank in Poland. Debit card use is also free provided you make few transactions per month.

What a strange rule. Debit cards presumably only cost the bank money if you use them.

So what. Everyone being capable of doing so should pay tax to maintain society functional. That banks should pay tax in form of a couple of free debit card transactions for poor people is not an unfair share. Banks earn enough money because society no longer works without debit cards.

Re: PayPal stops payouts to models on Pornhub

#504

Post by bryanrasmussen »

em-bee wrote: post #460
wincy wrote: post #441

Earlier quoted context omitted.

Profiling isn't illegal unless it's profiling against a protected class, right? It's like how I can't get cheap life insurance because I took antidepressants like seven years ago during a rough patch in my life.

profiling is illegal when the service is necessary to live. in germany for example, it is illegal to deny someone access to things like a phone line, electricity or water. (that is, even if you don't pay your bills, they are not allowed to turn of your service. instead, if they want the money, they have to sue you) i believe at this point, access to a bank account is also included in this. as things progress, more th…

so I think what you mean is that profiling is immoral if the service is necessary to live, and in Germany (and other progressive parts of the EU) it is also illegal.

I'm pretty sure these banks doing the profiling were in the U.S

Re: PayPal stops payouts to models on Pornhub

#505

Post by jdnenej »

brigandish wrote: post #491
baroffoos wrote: post #470

Earlier quoted context omitted.

The coal mines in Australia are totally unnecessary. Australia is one of the best countries in the world for the ability to be powered on renewable energy. Which is now cheaper than coal. Literally the only purpose for coal in Australia is political reasons now. Yes I know coal is used for the production of other materials but there is more than enough coal currently being mined for steel. We just need to stop sensel…

From what I know (and I don't claim to be an expert), solar panels require mining and also cause a lot of waste (what happens to a panel after its 20 year life cycle?). I've not heard whether solar farms would work in Australia - wouldn't the amount of distance be a problem? - nor whether they'd actually be any more efficient than nuclear. Certainly, I recently watched Michael Schellenberger's talk (it's in article f…

Most of the materials from a panel should be recycleable. The bulk of the panel is an aluminium and glass wrapper over the solar cells. Glass and aluminium are very recycleable.

Re: PayPal stops payouts to models on Pornhub

#506

Post by simion314 »

whynaut wrote: post #459
simion314 wrote: post #137

Earlier quoted context omitted.

I do not know that much about blockchain, so can you tell me if I am wrong, so if I use bitcoin to pay my rent and use bitcoin to buy something from PornHub now anybody can link this 2 payments and as the number of payments to different things increases I can be publicly identified. I read that some people would say don't use bgitoin use X or use process Y but then it is more convoluted then you would suggest initial…

The typical way to go about this would be creating separate Bitcoin wallets for different types of purchases. Many wallet clients support this out of the box. Personally, I generate a new wallet for every transaction.

But how do I transfer bitcoins from your main wallet to the new one without having this transaction public so linking your wallets.

As I said I did not researched this topic or own bitcoings, my scenario is that say we all use bitcoins everywhere, then I or you manage to upset some internet community, then they will start "hunting" , they could grab a list of all the transaction, see what you bought/sell from who you received money, who did you sent money , they could "cancel" people even faster then today.

Re: PayPal stops payouts to models on Pornhub

#507

Post by paulddraper »

s1artibartfast wrote: post #305
Nasrudith wrote: post #182

Earlier quoted context omitted.

Marijuana is separate from the deplatforming in the traditional sense because federal banking laws and the DEA's stubborn Schedule 1 tautology when it clearly has medical uses are to blame as opposed to uncooerced choices.

That depends on if the bank in question is subject to the federal regulations.

Do you actually use a non-FDIC bank?

Re: PayPal stops payouts to models on Pornhub

#508

Post by chabes »

spookthesunset wrote: post #376
zelly wrote: post #253

Earlier quoted context omitted.

You can use an ATM (or localbitcoins) to cash out Bitcoin without any connection to your bank account. Bitcoin doesn't have to be ubiquitous to use it even today, you just have to find businesses that accept Bitcoin. A buddy of mine accepts rent from a tenant in Bitcoin. There are exchanges to buy gift cards or Amazon credits with Bitcoin which you can use in real life to buy food. You can realistically go about your…

> There are exchanges to buy gift cards or Amazon credits with Bitcoin which you can use in real life to buy food. Which I’m sure are totally legit and not at all primarily used to launder money.

Why so quick to assume?

Maybe you’ve never heard of Fold app or Bitrefill. Some of us are actually trying to build a circular bitcoin economy. These companies not only offer onramps and offramps to the ecosystem, but they actively fund and incentivize building. Yes, they make a profit too.

Re: PayPal stops payouts to models on Pornhub

#509

Post by paulddraper »

spookthesunset wrote: post #376
zelly wrote: post #253

Earlier quoted context omitted.

You can use an ATM (or localbitcoins) to cash out Bitcoin without any connection to your bank account. Bitcoin doesn't have to be ubiquitous to use it even today, you just have to find businesses that accept Bitcoin. A buddy of mine accepts rent from a tenant in Bitcoin. There are exchanges to buy gift cards or Amazon credits with Bitcoin which you can use in real life to buy food. You can realistically go about your…

> There are exchanges to buy gift cards or Amazon credits with Bitcoin which you can use in real life to buy food. Which I’m sure are totally legit and not at all primarily used to launder money.

Considering Bitcoin's chief feature is skirting legal authorities for money transfers, that wouldn't surprise me.

Re: PayPal stops payouts to models on Pornhub

#510

Post by paulddraper »

aazaa wrote: post #135

Financial deplatforming is a monster, long-term trend to watch over the next decades. Deplatforming happens with sex workers. It also happens in the US marijuana industry. It happens with perfectly legal political content. The number of ways in which someone, somewhere will be offended by products or services for sale is growing, driven by a rapidly improving worldwide communication network and delivery system, and b…

PayPal has also deplatformed gun dealers.

No firearms, firearm parts, or ammunition. [1]

[1] https://www.paypal.com/us/smarthelp/article/What-is-PayPal%E...

Post reply on HN